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Warren Buffett Says Berkshire Made $29 Billion Just From Tax Cuts

In an annual letter to shareholders, Warren Buffett says Berkshire Hathaway's total net worth grew by about $65 billion in 2017.
Posted at 1:41 PM, Feb 24, 2018

Billionaire Warren Buffett says his company got a $29 billion boost from the recent tax code change. 

Buffett made the statement in his annual letter to his shareholders. He says Berkshire Hathaway's total net worth grew by about $65 billion in 2017 but that only $36 billion of it was because of anything Berkshire had done.

The annual letter is a way for Buffett to check in with investors, explain the state of the company and dispense investing advice.